News By Tag
News By Place
Follow on Google News
Creative Investment Research Requests Federal Agencies Hold Corporations Accountable for BLM Pledges
We have requested the Fed, SEC, FDIC, OCC, and CFPB initiate rulemaking to create "transparency and accountability for corporate Black Lives Matter (BLM) pledges."
"Last year, after the murder of George Floyd, 251 American companies vowed to combat systemic racism within their own organizations. In aggregate, these companies pledged $65 billion to bolster their diversity and equity initiatives. One year later, only $500 million has been allocated toward these efforts.
American companies have the resources to honor these pledges, but structural and cultural problems, as well as a lack of accountability, are hindering their ability to follow through on their promises."
For recent information, see: https://www.instagram.com/
We respectfully request the Agencies promptly initiate rulemaking to develop mandatory rules for companies to disclose high-quality, comparable, decision-useful information concerning BLM Pledge fulfillment.
You can support our SEC petition by sending an email to: rule-comments@
WIlliam Michael Cunningham
Creative Investment Research
Page Updated Last on: Apr 06, 2022